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Forum Energy Technologies (Forum Energy Technologies) Price-to-Owner-Earnings : 14.87 (As of May. 09, 2024)


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What is Forum Energy Technologies Price-to-Owner-Earnings?

As of today (2024-05-09), Forum Energy Technologies's share price is $19.03. Forum Energy Technologies's Owner Earnings per Share (TTM) ended in Mar. 2024 was $1.28. It's Price-to-Owner-Earnings for today is 14.87.


The historical rank and industry rank for Forum Energy Technologies's Price-to-Owner-Earnings or its related term are showing as below:

FET' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.67   Med: 9.57   Max: 157.84
Current: 14.56

During the past 13 years, the highest Price-to-Owner-Earnings of Forum Energy Technologies was 157.84. The lowest was 3.67. And the median was 9.57.


FET's Price-to-Owner-Earnings is ranked worse than
70% of 530 companies
in the Oil & Gas industry
Industry Median: 8.675 vs FET: 14.56

As of today (2024-05-09), Forum Energy Technologies's share price is $19.03. Forum Energy Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.36. Therefore, Forum Energy Technologies's PE Ratio for today is At Loss.

As of today (2024-05-09), Forum Energy Technologies's share price is $19.03. Forum Energy Technologies's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.74. Therefore, Forum Energy Technologies's PE Ratio without NRI for today is At Loss.

During the past 13 years, Forum Energy Technologies's highest PE Ratio without NRI was 42.64. The lowest was 0.00. And the median was 19.05.


Forum Energy Technologies Price-to-Owner-Earnings Historical Data

The historical data trend for Forum Energy Technologies's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forum Energy Technologies Price-to-Owner-Earnings Chart

Forum Energy Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Forum Energy Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 15.56

Competitive Comparison of Forum Energy Technologies's Price-to-Owner-Earnings

For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forum Energy Technologies's Price-to-Owner-Earnings Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Forum Energy Technologies's Price-to-Owner-Earnings falls into.



Forum Energy Technologies Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Forum Energy Technologies's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=19.03/1.28
=14.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forum Energy Technologies  (NYSE:FET) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Forum Energy Technologies Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Forum Energy Technologies's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Energy Technologies (Forum Energy Technologies) Business Description

Traded in Other Exchanges
Address
10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064
Forum Energy Technologies Inc is a global products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include highly engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors, inserts, and dies.
Executives
C Christopher Gaut director, officer: President, CEO & COB 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
John C Ivascu officer: SVP and General Counsel 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
Neal Lux officer: SVP Operations 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Katherine Campbell Keller officer: VP PAO 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Rowsey Paul E Iii director CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Emily Reichert director 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Evelyn M Angelle director 10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072
David C Baldwin director 11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079
Andrew L Waite director
Michael Dewayne Danford officer: VP - Human Resources 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
John Mcelroy officer: Principal Accounting Officer 10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064
Scf Gp Llc 10 percent owner 600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002
Prady Iyyanki officer: EVP & Chief Operating Officer 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
James Whelan Harris officer: SVP & CFO 920 MEMORIAL CITY WAY, STE. 800, HOUSTON TX 77024